The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Summit Hotel Properties's share price is $6.13.
Summit Hotel Properties's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.97. Hence, Summit Hotel Properties's PS Ratio for today is 0.88.
The historical rank and industry rank for Summit Hotel Properties's PS Ratio or its related term are showing as below:
INN'
s PS Ratio Range Over the Past 10 Years
Min: 0.64 Med: 2.28 Max: 5.95
Current: 0.88
During the past 13 years, Summit Hotel Properties's highest PS Ratio was 5.95. The lowest was 0.64. And the median was 2.28.
INN's PS Ratio is ranked better than 95.78% of 830
companies
in the REITs industry
Industry Median: 6.48
vs INN: 0.88
During the past 12 months, the average Revenue per Share Growth Rate of Summit Hotel Properties was 8.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 45.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 6.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 0.60% per year.
During the past 13 years, Summit Hotel Properties's highest 3-Year average Revenue per Share Growth Rate was 90.10% per year. The lowest was -24.20% per year. And the median was 3.10% per year.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Summit Hotel Properties's PS Ratio
For the REIT - Hotel & Motel subindustry, Summit Hotel Properties's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Summit Hotel Properties's PS Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Summit Hotel Properties's PS Ratio distribution charts can be found below:
* The bar in red indicates where Summit Hotel Properties's PS Ratio falls into.
Summit Hotel Properties PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Summit Hotel Properties's Share Price of today is $6.13. Summit Hotel Properties's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.97.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
Summit Hotel Properties (NYSE:INN) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Summit Hotel Properties PS Ratio Related Terms
Thank you for viewing the detailed overview of Summit Hotel Properties's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Summit Hotel Properties (Summit Hotel Properties) Business Description
Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.
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